Welcome to the website and happy new year!

Blog

Inspired by Mr.RIP, I have decided to open this blog on 1st January 2023 with the intention to track my net worth and tell a bit of my ongoing journey towards the symbolic number of $1,000,000.

In particular, I want to show that with hard work, investments and planning, everyone can reach similar results! :)

If the blog will be successful, I will start publishing more details about my portfolio composition in the future. So, if you are interested, please share me with your friends!

Me

I was born in Italy in 1998. I moved to London in late 2021 but started a career as a Software Engineer only in the second half of 2022. Before that, I worked part-time while studying, did private tutoring, and obtained several merit scholarships. I never asked and got any financial help from my parents, so even if you may see a decent net worth from the very beginning, the journey is really from $0 to $1,000,000!

Why

You may wonder why I’m saving money during my 20s. One reason is the power of compounding. If you invest $100,000 in SP500, assuming a return of 10% annually, you may earn $10,000. But after 10 years, you would have $259,000, and $672,000 after 20 years! Secondly, I’m lucky enough I have started a relatively well-paid job that allows me to cover all my expenses and still save the bulk of my salary.

Goal

In the long-term, I want to pursue the so-called Financial Independence (FI), i.e., reach a point where my income from investments is greater than my expenses. FI gives the freedom and the security to possibly (but not necessarily!) stop working while maintaining or even growing the net worth.